Arabian Drilling, a leading Saudi oil and gas drilling contractor, said it has signed a SAR2 billion ($528 million) deal with Khafji Joint Operations (KJO) to provide four high-specification offshore jack-up drilling rigs. This four-year contract is the largest single offshore drilling award KJO has made to Arabian Drilling.
The Saudi Banks Media and Awareness Committee (SBMAC) has launched a national awareness campaign to support and raise financial awareness among startups and small and medium-sized enterprises (SMEs) across the kingdom.
Spanish infrastructure major Acciona said it is contributing its expertise in infrastructure and innovation to RAIL4EARTH, a major European research initiative exploring the future of sustainable and climate-resilient rail - a focus that resonates strongly with the Middle East.
The 31st edition of the Middle East Coatings Show officially opened its doors at Expo City Dubai, welcoming industry professionals, manufacturers, suppliers and tech experts from across the globe to the show’s new home. It is expected to draw 300 leading brands from across the coatings ecosystem.
The offshore drone industry is advancing quickly, with UAVs increasingly capable of handling inspection, monitoring, and logistics missions miles from shore. That expanding capability is driving growing investment in the technology.
Jindong Property, the infrastructure investment and asset management arm of JD.com, Inc., has entered into an agreement with Khalifa Economic Zones Abu Dhabi (Kezad Group), for the establishment of its advanced logistics facility in Kezad Area A with nearly 150,000 sqm of warehousing facilities.
The Saudi Power Procurement Company has prequalified 13 utility project developers including global players EDF, Kepco, Mitsubishi and Sumitomo as well as regional heavyweights Acwa and Taqa for the third round of Conventional Independent Power Producer (IPP) projects based on CCGT technology.
The UAE’s e-commerce market is forecast to maintain its upward trajectory at a CAGR of 9.9% between 2026 and 2030, reaching approximately AED67.2 billion ($18.3 billion) by 2030.
Kalpataru Projects, a leading Indian construction and engineering major, has announced that its international division has secured a major contract worth over Rs40 billion ($417 million) to provide EPC services for a gas pipeline project in UAE, thus reinforcing its robust track record in the global oil and gas sector.
Holcim and UAE's National Development Consortium have signed a strategic deal to drive an integrated approach to large-scale infrastructure across the emirates. The partnership unites capabilities across the project value chain to deliver more resilient, sustainable, and future-ready developments.
